Financial
MCL Scripts a new history Produce highest 7.27 Lakh tonne Coal in a day
Sambalpur: Mahanadi Coalfields Ltd (MCL), a subsidiary of Coal India Ltd, recorded the highest single day production of the current financial year by mining 7.27 lakh tonne coal.
MCL’s consolidated production figure of 7,27,429 tonne recorded by the company on Tuesday spread as a motivating spirit among the coal miners across all its units in Sundergarh, Jharsuguda, Angul and Sambalpur.
Continuing with the highest ever monthly average of coal production at 5.78 lakh tonne in March 2019 -- highest among the coal producing companies in the country -- MCL is poised to script a new history at the end of the financial year 2018-19.
The Odisha-based leading subsidiary of Coal India has witnessed unexpected stoppages in mining operations during the current year, hampering its production plans.
However, by meticulous production planning for challenging situations and successful execution by the Teams at the project level, the company has reemerged from the negative growth registering an absolute growth of over one million ton.
Read Also : Indian Air Force ushers in Digital Transformation with DigiLocker Integration
News Must Read
- NCL General Manager (Finance) D Sunil Kumar recommended for SECL Director (Finance)
- Bank of Maharashtra Q4 results, Net Profit increased by 44.95 percent to Rs 1,218 crore
- Axis Bank Overtakes Kotak Mahindra Bank to Become India's Fourth Most Valued Lender
- LIC cuts stakes in major PSU stocks
- SJVN CMD Geeta Kapur Inaugurates Construction Works at Sunni Dam Project in Himachal Pradesh
- PESB Selects R Veerabahu as Director (Finance) for Braithwaite & Co. Limited
- Grew Energy bags largest order of 200 MW Contract of SECI's Auction
- CPCL Reports 39% YoY Drop in Q4 Net Profit, Declares Rs 55 per Share Dividend
- SJVN Limited inaugurates India's first Multi-purpose Green Hydrogen Pilot Project
- KRDCL, RVNL JV emerges as the Lowest Bidder for Redevelopment of Thiruvananthapuram Central Railway Station